Online retailing is developing rapidly in Scandinavia. Magasin du Nord, the Danish department store organization, is planning to open web stores in various parts of Europe, as it did in Sweden in November. This year, according to Berlingske, Denmark’s oldest daily newspaper, it will start with Norway and continue with Germany, Greenland, Iceland and the Faroe Islands. In addition, Magasin, which has a large sporting goods section, is investigating possibilities for opening a department store on the other side of the Sound, because the Swedes have responded well to its web shop. Magasin’s online sales are growing rapidly and now account for more than ten percent of its 2.9 billion Danish kroner (€388m-$427m) in revenues, while sales at its seven physical department stores have been declining.